Embraer to pay $205 mn to settle graft charges in India, 3 other countries

Aircraft manufacturer Embraer has agreed to pay over $205 million (over Rs 1,371 crore) as settlement with American and Brazalian authorities for resolving corruption charges in India and three......

'Over 9,000 jets to be absorbed in market in 10 years'

Embraer SA, world's largest manufacturer of commercial jets, has forecast that about 9,250 executive or private jets valued at $250 billion will be absorbed in the market in the next 10 years.......